27 AUGUST
THE NEW ZEALAND GAZETTE
1393

Branch remittances .. .. 4,273,786 18 9
Other trustee savings banks .. .. 19,563 19 1
Cheque book sales .. .. 5,146 19 0
Commission .. .. 9,384 18 0
Exchanges, fines, and forms .. .. 381 4 6
Interest—
New Zealand Government stock .. 264,288 6 5
Local body stock and debentures .. 110,688 17 1
Mortgages .. .. 125,043 0 5
Other investments .. .. 46,682 15 4
Principal—
New Zealand Government stock .. 8 18 0
Local body stock and debentures .. 106,314 5 11
Mortgages .. .. 244,395 8 7
Other investments .. .. 887,000 0 0
Miscellaneous receipts .. .. 1,851 4 9
Rent .. .. 1,889 15 0
Valuation fees .. .. 1,010 8 6
Travellers cheques sales .. .. 38,829 18 10
£23,493,507 19 5

Payments
Withdrawals—
Savings bank accounts .. .. 15,678,266 7 0
Thrift Club accounts .. .. 18,244 13 0
Investment accounts .. .. 111,093 17 0
National Savings accounts .. .. 44,822 19 2
Branch remittances .. .. 4,260,330 18 10
Buildings, property, equipment, and donations 53,083 0 2
Exchange .. .. 174 1 9
Fuel, power, and cleaning .. .. 1,538 3 3
Insurance .. .. 826 0 2
Investments—
Local body stock and debentures .. 393,050 0 0
Mortgages .. .. 473,166 8 8
New Zealand Government stock .. 1,000,266 0 0
Other investments .. .. 920,000 0 0
Local body loans: Clients’ applications .. 19,150 0 0
Miscellaneous payments .. .. 6,651 16 2
Other trustee savings banks .. .. 34,594 16 9
Perusal fees .. .. 117 10 0
Postages, telephones, and tolls .. .. 1,681 17 3
Printing, stationery, and advertising .. 4,838 7 1
Rent .. .. 40 0 0
Repairs and maintenance .. .. 777 19 9
Salaries, fees, etc. .. .. 59,020 12 10
Stamp duty .. .. 5,172 12 0
Sundry charges .. .. 2,107 4 1
Taxation .. .. 56,592 8 11
Travelling and relieving expenses .. 1,136 2 5
Travellers cheques purchases .. .. 38,734 13 10
Cash in hand and at bankers, 31 March 1964 308,029 9 4
£23,493,507 19 5

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1964
Interest credited to depositors— £ s. d. £ s. d.
Savings bank accounts—
Open .. .. 313,447 1 7
Closed .. .. 9,325 13 5
322,772 15 0
Investment accounts—credited and accrued .. 20,455 0 11
National Savings accounts—
Open .. .. 8,400 19 4
Closed .. .. 168 0 10
8,569 0 2
Charges and administration expenses—
Cleaning .. .. 206 4 11
Earthquake damage insurance 74 8 4
Fuel and light .. .. 1,346 12 11
Insurance .. .. 750 18 2
Perusal fees .. .. 117 10 0
Postages, telephones, tolls .. 1,622 11 5
Printing, stationery, and advertising .. 4,846 18 2
Rent .. .. 33 10 0
Repairs and maintenance .. 1,328 10 10
Salaries, fees, etc. .. .. 59,020 12 10
Sundry charges .. .. 2,434 3 0
Superannuation .. .. 3,386 15 4
Travelling and relieving expenses .. 1,181 10 5
76,350 6 4
Depreciation—
Buildings .. .. 2,725 19 0
Furniture and fittings .. 1,886 4 0
Ledger posting machines .. 1,705 6 0
Office machines .. .. 81 16 0
6,399 5 0
Provision for taxation .. .. 73,910 10 3
Net profit transferred to Profit and Loss Appropriation Account .. .. 75,033 11 10
£583,490 9 6

Interest on investments— £ s. d. £ s. d.
Local body stock and debentures .. .. 127,597 16 9
Mortgages .. .. 134,422 18 5
New Zealand Government stock .. .. 257,013 11 9
New Zealand Government stock: National Development Loan .. 10,109 8 10
National Provident Fund and N.Z. Short Term Investments Ltd. .. 8,562 19 7
National Bank of New Zealand Ltd. .. .. 23,283 2 0
560,989 17 4
Interest on National Savings securities .. .. 10,004 14 6
Commission .. .. 9,826 19 3
Exchanges, fines, and forms .. .. 105 1 3
Rent .. .. 1,920 11 8
Valuation fees .. .. 643 5 6
£583,490 9 6

BALANCE SHEET AS AT 31 MARCH 1964
Current liabilities— £ s. d. £ s. d.
Depositors’ balances—
Savings bank accounts 12,486,654 10 11
Thrift club accounts 13,245 6 11
Investment accounts 605,760 0 0
13,105,659 17 10
National Savings accounts .. .. 236,815 10 7
Other liabilities—
Investment accounts, interest accrued .. 12,696 5 7
National Savings, interest accrued .. 6,228 9 8
Mortgage interest rebates provision 1,824 4 11
Provision for taxation .. .. 73,910 11 2
Provision for donations .. .. 25,000 0 0
119,659 11 4
Total liabilities and provisions .. .. 13,462,134 19 9
Reserve Fund—
Balance at 1 April 1963 517,295 19 9
Add Investment Fluctuation Account.. 11,397 18 0
Add Riverton Branch capital recovery 126 15 10
Add balance from Profit and Loss Appropriation Account .. 50,033 11 10
578,854 5 5
£14,040,989 5 2

Current assets— £ s. d. £ s. d.
Cash in hand and at banks .. .. 308,079 4 10
National Bank of New Zealand Ltd.: Fixed deposits .. .. 480,000 0 0
National Provident Fund deposits .. 515,000 0 0
1,303,079 4 10
Branch remittances in transit .. .. 5,548 15 1
Interest due and accrued on investments .. 134,150 7 3
Sundry debtors: Rent, etc. .. .. 563 1 8
140,262 4 0
Investments—
Investment Account securities (New Zealand Government stock) .. 605,760 0 0
New Zealand Government stock .. 5,865,350 0 0
New Zealand Government stock: National Development loan 269,585 0 0
Mortgages .. .. 2,519,321 9 5
Public body stock and debentures .. 2,923,840 7 10
12,183,856 17 3
National Savings securities .. .. 244,000 0 0
Total of current assets and investments .. .. 13,871,198 6 1